Beijing has decided to gradually shake dependence on overseas made electronics.

Scroll down — way down.*

“US chipmaker to be deemed monopoly”


[China Daily link -- July 25, 2014]

  • The anti-monopoly law allows industry regulators to impose fines up to 10 percent of a company’s revenues in the previous year.  Qualcomm earned $12.3 billion in China in its last fiscal year, which ended in September.  The sum represents nearly half of the company’s global revenue.
  • On the same day the NDRC [National Development and Reform Commission] official said Qualcomm would be deemed a monopoly, the company announced a $150 million investment project aimed at Chinese startups.
  • Beijing has decided to gradually shake dependence on overseas made electronics.  The State Council introduced a fund last month in a bid to boost local chip innovation and manufacturing.

“How the Hammer Falls as China Nails Corruption”

[Caixin link -- July 24, 2014]

  • No one knows for sure who might fall next, which makes the website — [Central Discipline Inspection Commission] — a must for anyone following the anti-corruption crackdown.
  • The party’s Central Committee has entrusted the CDIC, whose inspection team unit dates to 2003, to follow an anti-graft strategy spelled out in a December 2013 document.  Inspectors dig up evidence of wrongdoing and report to superiors at the CDIC.  Suspicious activity involving high-level officials may be reported to the party’s central leaders or even to Xi [Jinping], the party’s general secretary.
  • At the state-run oil company China National Petroleum Corp. (CNPC) . . . sources said that high-level managers are so worried about these investigations that they have drawn up a contingency plan for filling any position left vacant after a CDIC inspection.  As part of the plan, all mid- to upper-level company managers must contact department heads daily.  Anyone who does not report is considered gone, and replaced the next day by a pre-approved successor.
  • Ren Jianming, a public management professor at Beijing University of Aeronautics and Astronautics, said the campaign “has been an important safeguard and has provided support for efforts to reform the political and economic systems.”  He called it “a breakthrough for reforming the political and economic systems.”  Over the past year, Ren said, the crackdown has proven to be a useful deterrent against corruption.
  • “If this continues,” he said, “we can expect corruption will be under control.”

“BBC World Service Poll

http://downloads.bbc.co.uk/mediacentre/country-rating-poll.pdf

  • Views of Russia have strongly deteriorated since last year, as shown in the latest 24-country poll . . . conducted mostly before the events in Crimea.
  • The deterioration of views towards the USA is mostly led by sharp increases in negative views among allies where extensive US surveillance activity has been discovered and widely criticized.
  • The most unfavorable views towards the USA in the survey are held in Pakistan (61%) and China (59%).
  • Germany has kept its position as the most positively viewed country, with 60 percent worldwide giving it positive ratings.
  • The UK is the country whose perceived influence in the world has most improved from 2005 to the present.
  • Conversely, China’s perceived influence has worsened the most over the same decade.
  • Germans have become increasingly negative towards China with 76 percent perceiving it negatively.
  • The most favourable views of China are found in Africa where no surveyed country has less than 65 percent of positive views.
  • Negative views of Japan are at their highest since 2006, and have hit a record high of 90 percent among Chinese (up from 74%).
  • Iran remains the most unfavourably viewed country, with negative ratings of its perceived influence averaging 60 percent, followed by Pakistan and North Korea (both 58%).
  • Israel continues to be the fourth most negatively viewed nation, despite an uptick of three points in its positive ratings (24%) and a decline in its negative ratings to 50 percent (down 2 points) that differentiates it from the other worst-rated nations.
  • Ghanians are the most favourable towards Israel in the survey (54%, up 10 points and at its highest level), just ahead of the USA (52%).

“China’s Increasing African Presence”

www.counterpunch.org/2014/07/25/chinas-increasing-african-presence

  • It appears as if there is no official Chinese goal for taking over the continent, but their combined presence is clearly intentional government “leverage” against the West.
  • Sadly, too many of them are condescending, outright racists.  They typically arrive with more education than the Africans around them and a determination to work very hard.  By contrast, they consider the locals more interested in having a good time than working and building up a business or a farm.  They consider the Africans stupid and have no compunction of taking advantage of them.  Here’s the observation of a man in Mozambique, which pretty much sums up the entire perspective:
  • “I didn’t think they [the Africans] were so clever, not so intelligent, and I was looking for an opportunity based on my own capabilities.  Can you imagine if I had gone to American or to Germany first?  The people in those [expletive deleted] places are too smart.  I wouldn’t have gotten anywhere.  I don’t think I would have beaten them.  So we had to find backward countries, poor countries that we can lead, places where we can do business, where we can manage things successfully.  If it was the United States, with [expletive deleted] intelligent Americans, how could we compete?”
  • Variations of that quotation appear throughout the book.  A Chinese man in Senegal says of his hosts, “They just don’t learn.”  Worse, he states that African politicians are mostly clueless.

“China Turns To Africa For Resources, Jobs And Future Customers”

www.npr.org/templates/transcript/transcript.php?storyId=316299135

  • More than a million Chinese citizens have permanently moved to Africa, buying land, starting businesses and settling among local populations.
  • When crews broke ground on a major airport expansion in Mali funded by American foreign aid, the $71 million contract went to a Chinese construction firm.  That’s one small measure of China’s economic engagement in Africa, where Chinese leaders see arable land and natural resources vital to China’s industrial expansion and markets for growing Chinese companies.  Our guest, journalist Howard French, says . . .
  • The things they complain about in China run from just the sheer crowding of cities in China, to the environment — rampant pollution in many places — to corruption.  Corruption is something that many, many of the people I interviewed complained about.  They would often say to me, unprompted, that African countries, which we often think of as being, you know, terribly corrupt, were less corrupt in terms of the way they lived their daily lives than China itself.
  • And then finally something they sometimes were fleeing was a feature of Chinese capitalism that’s not widely understood in this country, which is the copycat nature of economic competition in China.  If I invent a gewgaw and begin to sort of manufacture it and sell it on a street corner and somebody notices that it’s doing good business, then, you know, in China, very often, it seems like a week later, 10 people have copied that idea and are trying to sell the same gewgaw.  Very often, Chinese people would say to me that they were looking for places where there weren’t so many Chinese people, which I thought to be amusing.

Think of all the reading I’ve just saved you.

Keep scrolling.

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“There’s Something Wrong With Me” – FFC #1098 of July 23, 2014

This essay isn’t about Nazis, but I can’t think of a better way to begin.

If something defies logic, then maybe there’s a reason.  Nobody can solve an emotional puzzle with logic, intellect.

(Haven’t you ever loved a person you swore must be crazy?)

I’ve known lots of people who, when they were young children, and learning about themselves from old children, learned and memorized this:

“There’s something wrong with me.”

There you have it.  They were wrong, of course, but there you have it anyway.

The shrinks might call it “low self-esteem” but it’s our country’s biggest problem.  Every compulsion and addiction — from overeating to serial murder — is rooted in this fundamental self-hatred.

Every exploitation and vulnerability, too.  How often do we make a purchase decision — or otherwise socially conform — to avoid the feeling, deeply subconscious, that “there’s something wrong with me”?

A hundred years ago, the typical German household was not what we Americans would think of as kid-friendly.  Humiliated German children grew into adult Nazis who saw themselves — their defective and vulnerable childhood selves — in their Jewish victims.  They symbolically exterminated their childhood selves, and thus completed the work of their childhood authority figures.

I know too many self-hating Americans — mostly good people of low self-esteem — who see themselves in their own children and grandchildren.

They are wrong, of course, but there you have it — and the reason their behavior defies logic.

With reasonable luck, pressure from an outraged American public will reach such a point that universities will be shamed into shutting down these institutes.

Eamonn Fingleton has just posted a good one on his — ugh! – Forbes blog:  

“Taking Back America: Here, Finally, Is A Chinese Mega-Blooper — And A Chance For The U.S. To Turn The Tables”

www.forbes.com/sites/eamonnfingleton/2014/07/18/taking-back-america-here-finally-is-a-chinese-mega-blooper-and-a-chance-for-the-u-s-to-turn-the-tables

  • The issue at stake is nothing less than American intellectual freedom, and no opponent comes larger: the People’s Republic of China (PRC).
  • Now largely thanks to [University of Chicago's Marshall] Sahlins’ leadership, academic staff at many universities have begun agitating to rid campuses of the phenomenon.
  • Why is this fight so important?  Because this time Beijing has dangerously overreached.  With reasonable luck, pressure from an outraged American public will reach such a point that universities will be shamed into shutting down these institutes.
  • Such a roll-back would provide a much needed victory for an increasingly dejected American public that has long since come to consider constant PRC expansionism an inevitability.

I’d say China Daily is pretty lame:

“Closer US, China ties in universities”

[China Daily link -- July 18, 2014]

  • “The Chinese are more responsive to our culture than we are to theirs,” said [a student from Chicago].

But the propagandists make a good point.  The Chinese have been more responsive to us than we’ve been to them.

Hey, as long as we’re turning tables. . . .

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E-mail: DollarToTheGiant@Gmail.com for Fear-Fallen Children: “Dollar to the Giant” Chronicles & Comments June 2008 [#1] to Date [#1093] notably resisting America’s Shift from Wealth Creation to Wealth Transfer and Surrender

 

If you don’t think you’d enjoy “living” under Chinese rule, now is the time to do everything humanly possible to avoid it.

If you don’t think you’d enjoy “living” under Chinese rule, now is the time to do everything humanly possible to avoid it. 

Today’s additional incentive: 

“China shuts down 31 websites temporarily as crackdown on ‘rumour mongers’ continues”

[South China Morning Post -- July 18, 2014]

  • Also shut down was the Beijing-based website for zhiqing or “sent-down youth” generations — the Cultural Revolution campaign that saw millions of young city dwellers sent to the hinterlands to be “re-educated by the peasants”.
  • The nation has the world’s most sophisticated online censorship system.
  • It blocks many social media websites, such as Twitter, Facebook, YouTube and others, along with many sites hosted in Taiwan and those of rights groups and some foreign media agencies.
  • Only yesterday, President Xi Jinping, gave a keynote speech to the Brazilian congress, during his week-long visit to Latin America, in which he called for stricter management of the internet, Xinhua reported.

Every penny we spend on Chinese goods and services supports the People’s Republic of China, the Chinese Communist Party, and the People’s Liberation Army.

All treason is economic.  This is why it used to be taken seriously.

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E-mail: DollarToTheGiant@Gmail.com for Fear-Fallen Children: “Dollar to the Giant” Chronicles & Comments June 2008 [#1] to Date [#1094] notably resisting America’s Shift from Wealth Creation to Wealth Transfer and Surrender

If you don’t want to live in China, why would you buy things made in China?

Why neglect the American economy if you want to live in the United States?  Why nurture the Chinese economy if you don’t want to live in China?

If you don’t want to live in China, why would you buy things made in China?

You do not want to live in China.

It can be profitable, after reading an article like this — including, of course, its reader comments — to ask and answer whether your feelings have been changed. 

Never underestimate the subtlety of power.

“Inside a Beijing Interrogation Room”

www.nytimes.com/2014/07/18/opinion/murong-xuecun-inside-a-beijing-interrogation-room.html

  • Chinese writers like me often face difficult choices.  What should we do when friends are arrested for no good reason?  Keep our mouths closed?  Should we speak out in protest and risk being dragged away to prison?  Is it fair to our families and friends to risk rotting away in jail because we refuse to shut up?
  • Two plain-clothed guobao officers showed up and took me into a small room.  Shoe prints covered the walls, and cigarette butts were scattered on the floor.
  • The officers wanted to go to my home to get the essay I had written for the Tiananmen commemoration.
  • They finally agreed to let me go home alone to get the essay for them.  But once at home I couldn’t find it: I had written it in an email message and my account was inaccessible because of the Great Firewall.
  • I returned to the police station empty handed.  The officers let me go after making a statement about the inaccessible email, signing each page and affixing a fingerprint.
  • This was the first time I was questioned by the police.  In the course of my seven-hour interrogation the guobao officers were never ferocious.  In fact, they were polite.  In this respect, the Chinese government has evolved to appear friendly, but in its heart of hearts it is still a dictatorial regime that will never accommodate someone like me who disagrees with it.
  • But I was encouraged by all the support I received.  While I was being questioned by the police, and after my release, many people — friends and strangers — voiced their support for me.  Some even vowed to surrender to the police, too.

Never underestimate the subtle power — or not — of a 3,000-year-old opponent.


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E-mail: DollarToTheGiant@Gmail.com for Fear-Fallen Children: “Dollar to the Giant” Chronicles & Comments June 2008 [#1] to Date [#1095] notably resisting America’s Shift from Wealth Creation to Wealth Transfer and Surrender

Ending Tax Inversion in a few minutes

We need to realize that the very same companies that are doing this are also the very same companies that are sending our jobs offshore, or importing visa holders to take our jobs here at home.

My preferred method would be to charge them with economic treason for destroying the sovereign state of our nation, but most probably will not want to go that far.

All we need to do is make it so that they cannot sell their products in America.

This will work because our little country of 315 million people buys more products than those countries that have four times as many people, and these corporations know that, and they are betting on your ignorance of the subject will keep you silent.

I will stand by my use of the word “idiot” to include anyone who trades in this level of deceit.

Three good pieces, and then one written by an idiot:

“Quote Of Note”


 www.manufacturingnews.com/cgi-bin/backissues/backissues.cgi?flag=show_toc&id_issue=373&id_title=1

  • “In the category of footwear, the United States imported 2.33 billion pairs of shoes in 2013, up from 2.28 billion pairs of shoes the year before.  That is 7.5 pairs of shoes imported for every American.  In 2013, foreign workers made 6,372,704 pairs of shoes per day for Americans, or 265,529 pairs of shoes per hour, 4,425 pairs of shoes per minute, and 73 pairs of shoes per second.” – From the Commerce Department’s Office of Textiles and Apparel

“Why Israel Needs Anti-Semitism”

www.counterpunch.org/2014/07/22/why-israel-needs-anti-semitism

  • Last December, the Israeli press announced a new three-year program designed to entice 42,000 French Jews to settle in Israel by 2017.
  • Israel has a vital need for anti-Semitism.  The more there is, or seems to be, the better for Israel as the only “safe haven” for threatened Jews.
  • It would be ironic indeed if fear of Muslim neighbors in Paris suburbs should lead French Jews to move to a country totally surrounded by millions of hostile Muslim neighbors.

“Administration Flooded with 26,000 Comments Opposing Proposal to Disguise Offshoring of U.S. Manufacturing: Broad Reclassification Plan Would Count iPhones Made in China as U.S. Exports; Data Tricks Would Artificially Inflate U.S. Manufacturing Jobs, Deflate Manufacturing Trade Deficits”

www.citizen.typepad.com/eyesontrade/2014/07/administration-flooded-with-26000-comments-opposing-proposal-to-disguise-offshoring-of-us-manufactur.html

  • “These Orwellian data rebranding proposals would hide the damage wrought by past trade pacts like the North American Free Trade Agreement, greasing the way for more-of-the-same, job-killing, deficit-boosting trade deals,” said Lori Wallach, director of Public Citizen’s Global Trade Watch.

“We’re heading into a jobless future, no matter what the government does”

www.washingtonpost.com/blogs/innovations/wp/2014/07/21/were-heading-into-a-jobless-future-no-matter-what-the-government-does

  • Within two decades, we will have almost unlimited energy, food, and clean water; advances in medicine will allow us to live longer and healthier lives; robots will drive our cars, manufacture our goods, and do our chores.  There won’t be much work for human beings.
  • The writing is clearly on the wall about what lies ahead.  Yet even the most brilliant economists — and futurists — don’t know what to do about it.
  • Manufacturers who want to bring production back already complain that they can’t find enough skilled workers in the U.S. for their automated factories.  Technology companies that write the software also complain about the shortages of workers with the skills that they need.
  • The only solution that I see is a shrinking work week.  We may perhaps be working for 10 to 20 hours a week instead of the 40 for which we do today.  And with the prices of necessities and of what we today consider luxury goods dropping exponentially, we may not need the entire population to be working.  There is surely a possibility for social unrest because of this; but we could also create the utopian future we have long dreamed of, with a large part of humanity focused on creativity and enlightenment.
  • Regardless, at best we have another 10 to 15 years in which there is a role for humans.  The number of available jobs will actually increase in the U.S. and Europe before it decreases.  China is out of time because it has a manufacturing-based economy, and those jobs are already disappearing.

In its own diabolical way, this article is a laugh riot.  The Washington Post notes that author Vivek Wadhwa is — better yet, look him up for yourself.

I will stand by my use of the word “idiot” to include anyone who trades in this level of deceit.

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E-mail: DollarToTheGiant@Gmail.com for Fear-Fallen Children: “Dollar to the Giant” Chronicles & Comments June 2008 [#1] to Date [#1097] notably resisting America’s Shift from Wealth Creation to Wealth Transfer and Surrender